St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-06-17
hN OtVCl sLLD lWAlthGss
Conservative Commission Houses Re-
fuse to Take Any More Grain
Gambling Orders
Until They Have Arranged Their Books,
anu Ascertained Just How
They Stand.
Another Failure Recorded Yesterday
KegSfaW & Go. Fail 10 Come
to Time.
TRANSACTIONS in }he Financial Circles Of
Wall Street.-The General
Record.

CUICAeo. June 16.-The range of prices in
wheat to-day was n fair Indication of the
business done. The range was narrow.
Most of the firms ON change were Re flsing
business. ewing to the mUddled state into
which accounts have been thrown by the
wild fluctuations and numerous failures Of
the last few days. Several conservative con
Germs declared that no more orders would be
executed ~ them until their books and ac
counts had been straightened out. Conf
deuJe has not yet been restored, though ii is
thought the worst is over and that no new
fixtures are imminent. But one occurred to-
day. Though several were crowded quite hard,
and il was expected that they would be
fo-,el 20 The wall. The oft repeated promises
OF keTs h2w Y Co. tina; funds would be forth
coming were again renewed to-day, but they
fell with no effect on the ears af the crowd
They had been fed upon premises too long
already. July wheat opened at 73c, which
was Il higher than the close yesterday.
For the whole OF the morning session the
prices Auc;uated between 725sc and 13SSc,
and after the first furry Of the morning
WAS VERY QUIET.
June Wheat.wh was another Of Tie months
which had been under such heavy fire,
started in unchanged at lie and sold as high
as -1lac and as low as lie during the morn
ing. Trade in il was also light. At no time
after the first half hour around the opening
was the wheat pit comfortably filed. July
closed ut % and June ~ Tllsc Corn was a
quiet deal from first 10 last. but as in wheat,
there was some show Of returning confidence.
July corn opened at 37ls@37Ac, against
close last night Of SIC. ana by 1880 il was
selling II - 5sc. For The greater part Of the
session July was betW cen 31@.3Ilsc, and the
OF the morning. The announcement of John
B. Bryant's failure caused little weakness
in both wheat and corn. but il was only tenn
porary. July closed at 37as@ 37l2c. IN the
speculative market for oats considerable
strength was shown. New crop deliveries
are strengthened. probably by reports of dry
weather. ana under \ fair demand, with light
offerings. there was about Ice advance. Cash
and near futures were also firmer, but for
these the improvement was not SO marked.
July opened at 257Sc and closed at 26$sc.
Provisions were only moderately active. The
course of lard and ribs was about the same as
in corn. July lard started al $3.50, sold down
to S6.45 and back to $3.50. closing at So 52Ia
July ribs opened at ST.31i2, sold down to
$50 and back 10 3I.37l2 and closed at
S1.52l2.
THE QUOTATIONS.
The leading futures ranged as follows:
Wheat-No. June 71c, closing at T11sc;
July, 73c, closing at 73c; August,
Zoe, closing at T5lsc; September 76Ssc.
closing at 76slc. Corn-No. June, Soc.
closing al 36c: July, 3z1sc, closing at 37ssc;
August, 3>Ssc, closing at 3SI4c: September
39Ssc, closing at 397sc. Oats-No. June
25c, closing at 25Ssc: July, 25lsc, clos
ing at 26$Sc: August CSC, closing at 25l2c
September, 25I4c. closing al 25l2c. Mess Pork
Per Dbl, June, S22. closing at So. Lard
Per 100 lbs, June, $6.45, closing at S6.47l2
July, $3.50, closing at S6.52L2; August,
$500, closing at SG.62la: September,
SEQ, closing at S6.72l2. Short Ribs-Per
100 lbs, June, Sz.37l2 closing at S7.52I2;
July, SI.31, closing at S7.53l2; Au-
gust, S7.45. closing at S7.62i2; Sep
TENDER. 1871, closing at S7.52L2
Cash quotations were as follows: Flour
continues dull, stock is light and prices are
unsettled. Wheat-No. 2 spring. 71l2@g715sc;
No. spring, Csc; No. red, 73l2Q74c.
Corn-No. 2,364c. Oats-No. ., 25l2@25s4c.
Reno. ,; Sc; -BarIey-No. 2, 59c. Flax
Seed-No. l, SLY. Timothy Seed-Prime,
SLs5@1. SO. Mess pork: per Dbl, so. Lard,
per 100 lbs, 47I2@6j.50. Short ribs sides,
loose, s7:45@7.50; dry sailed shoulders,
S7.75@7.S0. Sugars-Cut loaf. 62s@69sc;
Flour, $4,000 bbls; wheat, 391 900 Blu:
bu; barley, 1000 bu. Shipments
5000 bbls; wheat 81, 900 bu: corn, $4,000
bu; eats, $4,000 bu; rye, 500 bu; barley
1000 bu. On the produce exchange today
the butter market was firm, but the receipts
were large; creamery, 14@17l2c; dairy, 12@
Ice: Eggs were weak and lower at l212
0l3Ac